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SB 583

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Higher Education - University System of Maryland - Quasi-Endowment Funds

Sponsor: Nancy J. King (District 39)Committee: Budget and TaxationSubject: Higher EducationStatus: Hearing 3/29 at 1:00 p.m. (as of Nov 8, 2016)

What this bill does

Official synopsis

Authorizing the Board of Regents of the University System of Maryland to make a one-time transfer of no more than $50,000,000 from the State-supported fund balance to a quasi-endowment fund; and limiting the use of specified proceeds to specified purposes.

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Testimony (0)

MGA witness list
No witness list on file. It is scraped after hearings are scheduled; check the MGA link above.